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DEBT SERVICE - 2009 <br />o Redevelopment of Emerald Park <br />Issued $1,335,000 <br />o Offset by Pay -'Off Road Improvement Bond <br />o Decertification of Chandler TIF District <br />© Net Affect = No Change in Property Taxes <br />2' <br />DEBT SERVICE - 2009 <br />o Refinance of Debt: <br />2000A - Storm Sewer Bonds <br />20006 - MSA State Aid Bonds <br />2001A - Central Park <br />2001B - Road Improvement Bonds <br />2002A - Road Improvement Bonds <br />a Pay -Off of Principal Remains the Same. <br />o Interest Savings over the Life of Bonds: <br />Savings = $396,145 <br />23 <br />5 <br />